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Category: Commercial

Brookfield, CPP to acquire LXP Industrial for US$5.2 billion

Tania Theriault Commercial Brookfield International 5 hours ago

Brookfield Asset Management (BAM-T) and CPP Investments will acquire LXP Industrial (LXP-N) in all-cash deal valued at US$5.2 billion. The pension fund and companies announced this morning that a definitive merger agreement has been agreed.

Leyad is transforming Canadian malls with an emphasis on entertainment

Steve McLean Commercial Shopping Centres National 3 days ago

Shopping centres have evolved well beyond being places to shop to become community hubs where people also come to dine, access services, work out, socialize and be entertained — all in one visit. Leyad is a big proponent of this transformation.

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